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Cambridge Manor Apartments

2 Cambridge Lane, Clinton, NY, USA

Under Contract

$2,300,000

Property Description

Exclusively offered by Dante Belmonte of Hunt Real Estate ERA,

this 33-unit apartment complex presents a compelling investment

opportunity in the Clinton, NY market. Situated on a spacious lot with

ample parking and generous green space, the property offers both

tenants and ownership long-term value and appeal.The unit mix

includes a strong combination of one- and two-bedroom apartments,

all currently leased. With rents positioned well below market levels,

this asset provides significant upside for investors looking to

increase revenue through strategic rent adjustments. The property is

offered at a very low basis compared to similar assets in the region,

enhancing its long-term return profile.

With strong in-place occupancy, stable tenancy, and minimal

deferred maintenance, new ownership can focus on capitalizing on

the rent growth potential without the burden of major upfront

investment. This is an ideal opportunity to acquire a stabilized,

income-generating asset with room to grow

Contact Agent

Property Details

Property Type

Year Built

Multifamily

1955

Property Location

2 Cambridge Lane, Clinton, NY, USA

TO CONTACT DANTÉ

PLEASE CALL OR EMAIL US:

Tel: 315-794-1522

Email: dante.belmonte@huntrealestate.com

7650 Highbridge Rd.

Manlius, NY 13104

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© 2023 by Dante Belmonte Real Estate LLC 

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